Work Shield, the full-service independent solution for reporting, investigating, and resolving harassment and discrimination in the workplace, announced the close of its successful Series A financing led by Dallas-based Hoak & Co., in partnership with Jeff Estes and other strategic investors with significant insurance and benefits expertise. The $4.11 million raise will be used to bolster Work Shield's sales team, enhance technology and boost infrastructure to procure new clients and accelerate the company's development roadmap.
With Work Shield, employers minimize their liability and employees are empowered to voice issues without fear of retaliation. Work Shield is a benefit and risk-focused per employee per month fee service with a track record for producing a return on investment for clients.
"Our team is excited to expand and continue providing real voices for employees, as well as real protection and guidance for companies to ultimately build positive, safe and sustainable workplace cultures," said Jared Pope, founder of Work Shield. "This financing allows us to serve more employers and be an actionable, measured solution for companies looking to take a stand against discrimination and harassment."
"Work Shield is a true standout in the Human Resources ecosystem," said Britain Peakes of Hoak & Co. "Work Shield's ability to reach this level of success organically proves its relevance in the marketplace and strength of its solution and client relationships. We are thrilled to work with such an exceptional team to support their future growth and success."